Bingers
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« Reply #60 on: March 30, 2023, 12:55:43 pm » |
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but morally corrupt.
And that is my concern. Not the only one doing it, but that doesn't make it any better.
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The Hotelend Grand National Sweepstake Champion 2015
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DavCobb
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« Reply #61 on: March 30, 2023, 15:42:54 pm » |
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Not sure about the moral corruption argument. Most people would pay less tax if they legally could, the rest are liars.
I never get the divide on the basic and higher rate taxes. If you pay 20% at £30k or £100k a year, the person earning £100k a year is paying a lot more. tax. The 40% tax band and failure to raise the earnings limit is the biggest stealth tax around at the moment. Anyone getting a bonus, who may do a decent pension contribution is lucky to see 40% of it in their net pay.
You’ll see plenty of examples where higher earners come out with very little difference in net pay to those earning significantly less.
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Bingers
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« Reply #62 on: March 30, 2023, 16:28:12 pm » |
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Not sure about the moral corruption argument. Most people would pay less tax if they legally could, the rest are liars.
I never get the divide on the basic and higher rate taxes. If you pay 20% at £30k or £100k a year, the person earning £100k a year is paying a lot more. tax. The 40% tax band and failure to raise the earnings limit is the biggest stealth tax around at the moment. Anyone getting a bonus, who may do a decent pension contribution is lucky to see 40% of it in their net pay.
You’ll see plenty of examples where higher earners come out with very little difference in net pay to those earning significantly less.
Are you calling me a liar Dav? I think I and the vast majority of us should be paying more tax and benefitting from having properly funded public services. Yes, people earning more would be paying more tax and so they should, in my and many others opinions, as they can afford to help to reduce the inequalities in society. As for those who make a decent pension contribution, they probably will see a lot more of their money, but later in life when they are unable to or choose to stop work. It is a choice they are making for themselves. They could choose to have more money now, but that puts them at the mercy of those who decide that tax rates should be lower, so future pensions can't be afforded. I completely agree with you that the tax thresholds should have been raised. Keeping people out of the next band up, whichever one that is, is a good ploy, but but needs to be funded by the rate being higher at each band. It can be worked out by somebody much cleverer than me, how to take more people out of paying tax and not have the overall returns for the country being reduced.
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The Hotelend Grand National Sweepstake Champion 2015
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DavCobb
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« Reply #63 on: March 30, 2023, 19:18:06 pm » |
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There is probably tons we just wouldn’t agree on Bingers but that’s fine and would be boring if everyone shared the same views. I pay for NI and private health care. I can’t get my head around how someone can pump 10 kids out and have £40k a year from the state. I don’t know how some companies still pay full maternity pay. How families are still not fully financially accountable for bringing children into the world. Something really simple like getting child benefit for two kids then you’re on your own. As for pensions, I believe that is often due to ignorance rather than affordability, especially when missing out on company contributions. That said, I can see the benefits of choosing not to and allowing the government to pick up the slack. My motivation for hammering mine is to hopefully enjoy some years of leisure, plus it’s tax efficient. They’ll make you sell your house for a decent care package anyway. It’s always a risk as we could all do a Paul O’Grady or even younger of course. I’m far from privileged (in the UK sense, in the real sense we are all privileged) raised on a rough council estate, no qualifications and 3 back operations, no hand outs. As for those who genuinely need help and fallen in bad luck, absolutely they should be fully supported. But not the scratch card and Costa generation who survive on hand outs. Not interested in the politics, none of them seem to address the underlying issues. Something really simple like changing tax bands would address some of the balance for the poor, middle and high earners. In the meantime they are probably hatching a plan to shaft currently tax free EV users.
PS. I don’t mind Lineker.
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Bingers
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« Reply #64 on: March 30, 2023, 19:51:47 pm » |
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There is probably tons we just wouldn’t agree on Bingers but that’s fine and would be boring if everyone shared the same views.
I reckon that there is more that we would agree on than would disagree. I would guess that we are far more united and have far more in common than that which divides us.
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« Last Edit: March 30, 2023, 22:35:34 pm by Bingers »
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The Hotelend Grand National Sweepstake Champion 2015
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singcobb
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« Reply #65 on: March 30, 2023, 20:21:17 pm » |
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It’s always a risk as we could all do a Paul O’Grady or even younger of course.
I am under sixty and had a heart attack last November and have four stents. I am not saving another penny or putting any into a pension, I'll be dead long before I'd could get any benefit.
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Terryfenwickatemyhamster
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« Reply #66 on: March 30, 2023, 20:38:11 pm » |
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I am under sixty and had a heart attack last November and have four stents. I am not saving another penny or putting any into a pension, I'll be dead long before I'd could get any benefit.
That’s the spirit mate
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When it comes to advice. I’m the only one to Trust
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DavCobb
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« Reply #67 on: March 30, 2023, 21:17:08 pm » |
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I reckon that there is more that we would agree on than would disagree. I would guess that we are far more united and have far more in common than that which divides us. We
I’m sure you are right Bingers. Maybe not tons of things.
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DavCobb
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« Reply #68 on: March 30, 2023, 21:20:29 pm » |
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I am under sixty and had a heart attack last November and have four stents. I am not saving another penny or putting any into a pension, I'll be dead long before I'd could get any benefit.
Maybe 10% into hookers and Coke but I don’t think that’s tax deductible. I’m sure modern medicine will give you a good few years yet.
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singcobb
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« Reply #69 on: March 30, 2023, 22:28:41 pm » |
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Maybe 10% into hookers and Coke but I don’t think that’s tax deductible. I’m sure modern medicine will give you a good few years yet.
I've blown a lot more than 10% on wine, women and drugs in my time. Actually at 10% you would be considered a light weight.
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Bingers
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« Reply #70 on: March 30, 2023, 22:32:10 pm » |
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I am under sixty and had a heart attack last November and have four stents. I am not saving another penny or putting any into a pension, I'll be dead long before I'd could get any benefit.
In that case Singy, I commit now in public, that if you do reach UK pension age, I will pay for you to see* a Cobblers game per season in each year that I am also still alive. *Terms and conditions apply. I will buy the match ticket, you have to get there yourself with any accommodation sourced and paid for by yourself, but if it is Bradford away, you are welcome to stay at mine.
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The Hotelend Grand National Sweepstake Champion 2015
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singcobb
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« Reply #71 on: March 31, 2023, 08:38:49 am » |
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In that case Singy, I commit now in public, that if you do reach UK pension age, I will pay for you to see* a Cobblers game per season in each year that I am also still alive.
*Terms and conditions apply. I will buy the match ticket, you have to get there yourself with any accommodation sourced and paid for by yourself, but if it is Bradford away, you are welcome to stay at mine.
Cheers mate, hopefully I'll be able to take you up on that.
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Bingers
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« Reply #72 on: March 31, 2023, 11:43:30 am » |
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Cheers mate, hopefully I'll be able to take you up on that.
I hope so. Take care. Good healthy foods, plenty of exercise and The Mighty Cobblers never loosing a game again should all help. I'll start putting a bit aside in case we both live to be 100.
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The Hotelend Grand National Sweepstake Champion 2015
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Manwork04
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« Reply #73 on: March 31, 2023, 11:47:01 am » |
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Not sure about the moral corruption argument. Most people would pay less tax if they legally could, the rest are liars.
I never get the divide on the basic and higher rate taxes. If you pay 20% at £30k or £100k a year, the person earning £100k a year is paying a lot more. tax. The 40% tax band and failure to raise the earnings limit is the biggest stealth tax around at the moment. Anyone getting a bonus, who may do a decent pension contribution is lucky to see 40% of it in their net pay.
You’ll see plenty of examples where higher earners come out with very little difference in net pay to those earning significantly less.
Lineker is a hypocrite of the lowest order, lecturers from on high about everything socialist and on the other hand avoids paying his fair share of tax, what a C**t.
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Rule Britannia
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Peter Frost
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Great to see Gary calmly correct the Tory toadying Richard Madeley on what he actually said rather than what the right wing press would have you believe what he said - don’t they just hate a rich, popular person with simple decent values!
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guest3600
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Lineker is a hypocrite of the lowest order, lecturers from on high about everything socialist and on the other hand avoids paying his fair share of tax, what a C**t.
What is a fair share of tax?
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Manwork04
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Great to see Gary calmly correct the Tory toadying Richard Madeley on what he actually said rather than what the right wing press would have you believe what he said - don’t they just hate a rich, popular person with simple decent values!
Gary Lineker is scared to walk the streets, he’s not that popular 😂
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Rule Britannia
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Peter Frost
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Gary Lineker is scared to walk the streets, he’s not that popular 😂
Just a decent guy who calls out this corrupt and incompetent government- just because you are wealthy it doesn’t mean you can’t be a decent human being.
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Manwork04
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Just a decent guy who calls out this corrupt and incompetent government- just because you are wealthy it doesn’t mean you can’t be a decent human being.
But that’s the point he isn’t a decent human being he’s a champagne socialist, living in Barnes in a £5m house, spouting anything anti government on a tax payer’s salary of £1.5m.
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Rule Britannia
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Melbourne Cobbler
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Just a decent guy who calls out this corrupt and incompetent government- just because you are wealthy it doesn’t mean you can’t be a decent human being.
Is this about me?
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Let me make one thing absolutely clear, the Trust “advisor” is not god. Are you going to tell him or shall I?
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